In the Growth Market for emerging companies on the morning of the 5th, the Growth Market 250 Index rebounded from the previous weekend's close as buying spread, with the Nikkei average seen recovering the ¥70,000 level for the first time in 3 months. Buying interest in emerging stocks, particularly autonomous-driving-related stocks, strengthened.
In the Tokyo Stock Exchange Growth Market on the morning of the 5th, the Growth Market 250 Index stood at 809.17 as of the morning close, up 10.94 points from the previous weekend's close, with buying prevailing across the market. Improving investor sentiment, amid receding expectations for U.S. interest-rate hikes, encouraged buying in emerging stocks. The Nikkei average also briefly recovered the ¥70,000 level for the first time in around 3 months.
In the Growth Market, autonomous-driving-related stocks attracted buying. Specifically, stocks such as TIER IV and Dynamap saw buying.
Meanwhile, North Sand and HENNGE declined. Oncolys Biopharma and GNI traded relatively higher.
The day's market overview indicated that buying had spread to emerging stocks in tandem with the Nikkei average's movements.